Hypo Real Estate Capital Corporation ("HRECC")  the New York-based subsidiary of Hypo Real Estate Bank International  closed two first mortgage loans on May 19 totaling $114.5 million to two subsidiaries of Bentley Forbes for the acquisition by each subsidiary of a Class A office building located in the Preston Center submarket of Dallas, Texas.

Hypo Real Estate Capital Corporation provided a $47.25 million first mortgage loan to BF Sterling Plaza, L.P. for its acquisition of Sterling Plaza, a 302,747 ft², Class A office building, and a $67.25 million first mortgage loan to BF Preston Commons, L.P. for its acquisition of Preston Commons, a 418,604 ft², Class A office building. Hypo Real Estate Capital Corporation expects to contribute each of the two mortgage loans to an upcoming CMBS transaction.

"We are very pleased to provide financing to Bentley Forbes for two of the premier Class A office buildings in one of Dallas' most attractive submarkets," said Evan F. Denner, head of real estate finance for Hypo Real Estate Capital Corp. "We are also excited and look forward to further expansion of our CMBS platform."